MAR 2020 Efficiency Ratios Leverage Ratios MANAGEMENT OUTLOOK

OUTLOOK

Secretary-General, said ?With the current economic and social conditions and the outlook, in particular aging society, everyone needs to understand and realize importance of saving and investment to ensure

outlook, in particular aging society, everyone needs to understand and realize importance of saving and investment to ensure that his or her investment growth will outpace inflation and to be properly

preceding year, industrial and competition outlook with regard to, for example, an approximate number of competitors, the Company's size compared with that of the competitors, competitiveness and potential

outlook with regard to, for example, an approximate number of competitors, the Company's size compared with that of the competitors, competitiveness and potential, and the names of competitors (only in the

, - Economy of knowledge - Services-based - innovation and digitalized based contribution to competitive advantage & differentiating 4 Global perspective: significance PRI Signatory growth in 2006-2021 3,826

perspective, all ratios were at extremely low risk level as bank loans were paid off. In respect of liquidity ratio, trade receivable day barely changed. Despite lower accrual from social security bureau

profit and more leverages. In addition, the improvement of return on equity was partly from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher

this quarter, the ratios were not substantially changed yoy. Trade receivable and Trade payable period were decreased while inventory period was slightly increased. For the financial risk perspective